Math Solutions

[Solution Library] A jewelry store makes necklaces and bracelets from gold and platinum. The store has 13 ounces of gold and 20 ounces of platinum. Each

Question: A jewelry store makes necklaces and bracelets from gold and platinum. The store has 13 ounces of gold and 20 ounces of platinum. Each necklace requires 3 Ounces of gold and 2 ounces of platinum, whereas each bracelet requires 2 ounces of gold and 4 ounces of platinum. The demand for bracelets is no more than four, A necklace earns $300 in profit and a bracelet, $400. The store wants to determine the number of necklaces and bracelets to make in Order to maximize profit.

  1. Formulate a linear programming model for this problem.
  2. Solve this model by using graphical analysis.

Price: $2.99
Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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